GulfRe

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Financial Information

Gulf Reinsurance Limited is a company registered in the Dubai International Financial Centre (DIFC) with a paid up capital of US$ 200 million and is regulated by the Dubai Financial Services Authority (DFSA). Shareholders’ funds, as per the audited financial statements, as at 31st December 2012 amounted to US$ 216.1 million. The investments consist of high quality fixed income securities (rated AA and above) of which nearly 25% is guaranteed by the United States of America government. Gulf Re has no exposure to the equity or derivatives market.

Gulf Re being a closely held company does not release its financial statements to the public. However, periodic unaudited financial statements as well as annual audited financial statements are filed with the DIFC and DFSA. Gulf Re is Rated A- by A.M. Best. A.M Best is also provided with periodic unaudited statements as well as annual audited financial statements. Gulf Re’s external auditor is PricewaterhouseCoopers - Dubai.

Gulf Re makes available rating information about the company produced by A.M Best as well as information about the reinsurance program it places to protect the facultative reinsurance book of business.


Gulf Reinsurance Limited, Level 6, Currency Tower, Dubai International Financial Centre, Dubai, United Arab Emirates
GulfRe

Regulated by the DFSA

© Copyright GulfRe 2009.